THORChain DEX
THORChain DEX is a atomic swap decentralized exchange. Reports $50M in 24-hour trading volume. Runs on THORChain. Its front-end ranks #277,235 on Tranco.
| Architecture | Atomic swap |
|---|---|
| Website | thorchain.org |
| 24-hour volume | $50M |
| Tranco web rank | #277,235 |
| Chains | THORChain |
Figures from the 25 September 2026 build snapshot. Open the live view for the current rankings.
Architecture
Atomic swap — true cross-chain trading where a single trade settles across two blockchains (THORChain-style).
Custody note
The protocol holds nothing: a trade routes through code the trader signs, and the tokens never sit in a company's balance. That is not the same as the ASSETS traded being self-custody — a stablecoin issuer can freeze a USDT or USDC balance, and a wrapped coin like WBTC represents Bitcoin held in third-party custody. The venue's custody model does not travel through to the assets on it.
Known markets on THORChain DEX
No curated markets are recorded for THORChain DEX on this build. DEX ticker coverage grows as tail assets that THORChain DEX pools appear in the top-N snapshot.